2022
Exports
$6.58kWorld Rnk 153 / 202
Flag Rnk 375 / 652
2022
PRODUCT COMPLEXITY IN Perfumes
-0.14Rnk 594 / 1025
2022
Imports
$3.45MWorld Rnk 146 / 222
Flag Rnk 280 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $6.58k in Perfumes, making it the 153rd largest exporter of Perfumes in the world. At the same year, Perfumes was the 375th most exported product in Mongolia. The main destination of Perfumes exports from Mongolia are: South Korea ($2.18k), Germany ($1.88k), New Zealand ($1.87k), Kazakhstan ($249), and Norway ($193).

The fastest growing export markets for Perfumes of Mongolia between 2021 and 2022 were South Korea ($1.88k), New Zealand ($1.87k), and Kazakhstan ($249).

Imports In 2022, Mongolia imported $3.45M in Perfumes, becoming the 146th largest importer of Perfumes in the world. At the same year, Perfumes was the 280th most imported product in Mongolia. Mongolia imports Perfumes primarily from: Poland ($1.19M), France ($816k), Singapore ($436k), Russia ($244k), and Spain ($185k).

The fastest growing import markets in Perfumes for Mongolia between 2021 and 2022 were Singapore ($363k), France ($260k), and Spain ($103k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Perfumes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.58k
IMPORTS (2022)$3.45M
NET TRADE (2022)-$3.45M

In 2022, Mongolia exported $6.58k in Perfumes. The main destinations of Mongolia exports on Perfumes were South Korea ($2.18k), Germany ($1.88k), New Zealand ($1.87k), Kazakhstan ($249), and Norway ($193).

In 2022, Mongolia imported $3.45M in Perfumes, mainly from Poland ($1.19M), France ($816k), Singapore ($436k), Russia ($244k), and Spain ($185k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$1.88k (607%)
New Zealand$1.87k (1%)
Kazakhstan$249 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Mongolia WERE (2021 - 2022):
Germany-$1.15k (-37.9%)
Belgium-$133 (-82.6%)
Denmark-$127 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Perfumes were:
France $7.24B
Spain $2.58B
Germany $1.67B
In 2022, Mongolia's main importing competitors in Perfumes were:

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.03k
TOP IMPORT POTENTIALFrance+ $357k

Perfumes’s highest export potential is Germany. With an export gap of $5.03k.   Perfumes’s highest import potential is France with an import gap of $357k.

See methodology.

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